Fulcrum Asset Management LLP Acquires New Stake in Five Below, Inc. $FIVE

Fulcrum Asset Management LLP bought a new position in shares of Five Below, Inc. (NASDAQ:FIVE) during the third quarter, HoldingsChannel reports. The fund bought 40,428 shares of the specialty retailer’s stock, valued at approximately $8,976,000.

A number of other institutional investors have also modified their holdings of FIVE. BlackRock Inc. acquired a new position in shares of Five Below in the 2nd quarter valued at $964,867,000. Wellington Management Group LLP boosted its stake in Five Below by 54.4% during the 2nd quarter. Wellington Management Group LLP now owns 1,811,650 shares of the specialty retailer’s stock worth $325,717,000 after purchasing an additional 638,049 shares during the period. Alyeska Investment Group L.P. boosted its stake in Five Below by 8.8% during the 2nd quarter. Alyeska Investment Group L.P. now owns 536,532 shares of the specialty retailer’s stock worth $96,463,000 after purchasing an additional 43,367 shares during the period. Quantinno Capital Management LP grew its position in Five Below by 49.4% during the 1st quarter. Quantinno Capital Management LP now owns 522,234 shares of the specialty retailer’s stock worth $119,320,000 after purchasing an additional 172,626 shares during the last quarter. Finally, Bank of America Corp DE grew its position in Five Below by 39.0% during the 1st quarter. Bank of America Corp DE now owns 513,362 shares of the specialty retailer’s stock worth $117,293,000 after purchasing an additional 144,003 shares during the last quarter.

Five Below Price Performance

Shares of NASDAQ FIVE opened at $240.30 on Monday. The stock has a fifty day moving average price of $231.26 and a 200 day moving average price of $218.69. Five Below, Inc. has a 1-year low of $143.02 and a 1-year high of $263.88. The company has a market cap of $13.23 billion, a PE ratio of 21.57, a P/E/G ratio of 0.92 and a beta of 0.90.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, September 2nd. The specialty retailer reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.28. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. Five Below had a net margin of 11.65% and a return on equity of 22.13%. Five Below’s quarterly revenue was up 22.9% on a year-over-year basis. During the same period last year, the firm posted $0.81 EPS. Five Below has set its Q3 2026 guidance at 1.010-1.130 EPS and its FY 2026 guidance at 9.830-10.310 EPS. Analysts anticipate that Five Below, Inc. will post 10.54 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Zacks Research cut shares of Five Below from a “strong-buy” rating to a “hold” rating in a report on Monday, November 2nd. Raymond James Financial upgraded shares of Five Below to an “outperform” rating in a research note on Tuesday, July 21st. BMO Capital Markets assumed coverage on Five Below in a report on Tuesday, July 21st. They set an “outperform” rating on the stock. Weiss Ratings upgraded Five Below from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 29th. Finally, Guggenheim boosted their price target on Five Below from $250.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday, September 3rd. Nineteen equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, Five Below presently has a consensus rating of “Moderate Buy” and an average price target of $300.45.

Insider Activity

In other news, COO Kenneth Bull sold 10,510 shares of the firm’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $248.06, for a total value of $2,607,110.60. Following the completion of the sale, the chief operating officer owned 75,064 shares in the company, valued at approximately $18,620,375.84. This trade represents a 12.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Eric Specter sold 5,500 shares of Five Below stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $248.99, for a total transaction of $1,369,445.00. Following the completion of the sale, the chief accounting officer directly owned 35,482 shares in the company, valued at approximately $8,834,663.18. The trade was a 13.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 18,438 shares of company stock worth $4,580,933 over the last quarter. Insiders own 0.96% of the company’s stock.

Five Below Profile

Five Below, Inc is a U.S. discount retailer offering a changing assortment of value-priced products for teens, tweens, and families. Its merchandise spans toys and games, technology accessories, sports and recreation, fashion and accessories, home goods, party supplies, seasonal items, and candy.

The company was founded in 2002 by David Schlessinger and Tom Vellios, and opened its first store in Wayne, Pennsylvania. While its name reflects its original focus on products priced at $5 or less, Five Below has expanded its assortment to include higher-priced items through its Five Beyond offering.

Five Below serves customers through stores across the United States and online.